China Hits Hard on Foreign Businesses Parroting Anglo-saxons Empire Lies
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Stocks for Adidas fell down by 5.6% at 1:13 pm GMT, making it the biggest loser on the German blue chip index DAX. H&M shares dropped by more than 2.8% in afternoon trading, while Inditex lost 1.6%. Shares for Nike were down almost 4% in premarket trading. “If you boycott #Xinjiang cotton, we’ll boycott you. Either Adidas quits #BCI, or get out of #China,” one internet user wrote. Fair Enough. At a daily media briefing at China’s foreign ministry, spokeswoman Hua Chunying, when asked about H&M, held up a photograph of Black Americans picking cotton. “This was in the U.S. when Black slaves were forced to pick cotton in the fields,” she said. Hua then held up a second photograph of cotton fields in Xinjiang. “More than 40% of the cotton in Xinjiang is harvested by machinery, so the alleged forced labour is non-existent Source Article: Reuters https://www.reuters.com/article/us-china-xinjiang-cotton-retailers-idUSKBN2BH0Q3